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Juniper Green Energy has raised INR 2,039 crore in debt financing from leading global and national financial institutions, including NaBFID, HSBC, DBS, Barclays, and Aseem Infrastructure, to support its upcoming renewable energy projects. The company has also expanded non-fund-based limits with Federal Bank and Axis Bank. The funding includes dedicated support for under-construction wind and solar-wind hybrid projects in Gujarat and Maharashtra. This financing builds on a previous INR 1,739 crore debt raised from IREDA and underscores strong lender confidence in Juniper Green Energy's growth and execution track record.
Juniper Green Energy recently announced that it has raised INR 2,039 crore in debt financing from prominent global and national financial institutions, including NaBFID, HSBC, DBS, Barclays, and Aseem Infrastructure. Alongside this, the company has also expanded its non-fund-based limits with Federal Bank and Axis Bank to support ongoing operations and future projects.
This new financing is intended for the growth and development of Juniper Green Energy's upcoming renewable projects and those of its subsidiaries. It comes after the company successfully raised INR 1,739 crore in debt from the Indian Renewable Energy Development Agency Ltd (IREDA) in August 2025.
Specifically, NaBFID provided INR 566 crore to fund the under-construction 90 MW Juniper Green Kite Wind Power Project in Gujarat. This strengthens Juniper Green Energy's long-term relationship with NaBFID and complements its existing connections with PFC and IREDA.
HSBC Bank contributed INR 408 crore toward the under-construction 75 MW Juniper Green Beam Eight Solar-Wind Hybrid Power Project in Maharashtra. This marks HSBC's first greenfield project financing with Juniper Green Energy, though the bank has previously offered non-fund-based and green loan facilities.
Additionally, DBS Bank India and Barclays Bank sanctioned medium-term debt of INR 300 crore and INR 250 crore, respectively, to support capital expenditure requirements for various renewable energy projects under construction. Aseem Infrastructure Finance Ltd (AIFL) provided INR 515 crore for the 75 MW Juniper Green ETA Five Solar-Wind Hybrid Power Project in Maharashtra, marking its second project financing with Juniper Green Energy.
Parag Agrawal, Chief Financial Officer of Juniper Green Energy, noted that the financing reflects strong lender confidence in the company's asset quality, project pipeline, and execution capabilities. He added that the company remains focused on responsible scaling while contributing to India's clean energy transition.
Source PTI
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